Apologies for butting in, Alkyl and Balaji are the only two major players in this industry, accounting for 90% of market share. The Amines industry have a moat in terms of technology as well as setting new capacities by other non existent players also is not that easy.
Deepak Nitrite has bulk business but they are foraying into specialty chemicals and their strength lies in process efficiency and backward integration which is again difficult to replicate.
Chemical stocks had given mad return in 2020-21 till October and then the sector itself has consolidated.
I am not holding any of them currently but I feel these are good companies for the longer term.
I think its better to sell off if the price doesn’t pick up even when the specialty chemical sector is on the rise.
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